Page 14 - AfrElec Week 01 2023

AfrElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AfrElec

NewsBase’s Power Roundup

POWER WELCOME to NewsBase’s Power Roundup REM: Saudi Arabia’s sovereign wealth fund
Global (NRG Power), in which the reader is buys stake in offshore wind developer Skyborn
invited to join our team of international editors, Renewables
who provide a snapshot of some of the key issues The Saudi Arabian sovereign wealth fund has
affecting their regional beats. We hope you will like bought a stake in Germany-based Skyborn Re-
NRG Power’s new concise format, but by clicking newables, an offshore wind developer. Saudi
on the headline link for each section the full text Arabia’s Public Investment Fund (PIF) has tak-
will be available. en a 9.5% stake in Skyborn.

AsiaElec: Indian renewables firm wins 3,000 ENERGO: PPC of Greece begins exclusive ne-
MWh storage tender gotiations on Enel’s Romanian assets
One of India’s leading renewable energy firms, Public Power Corp. (PPC), the largest electric-
Greenko Group has won a large-scale energy ity company in Greece, signed an exclusivity
storage tender to initiate an interstate trans- agreement with the Italian company Enel on
mission system (ISTS) on a build, own and op- a possible acquisition of the latter’s assets in
erate basis. As one of the nation’s most widely Romania, said a press release from the Greek
respected names in the renewables industry of company on December 14. The Greek electrici-
late, Greenko already has 125 plants in place ty company is looking into making acquisitions
throughout 15 states across the sub-continent, in Romania and Bulgaria as part of its overseas
with a total installed capacity of just over 7.5 expansion efforts. Last month, Italian energy
GW. group Enel announced that it aims to sell its
Romanian assets and exit the country in order
to focus on Italy and Spain.
.

P14 www. NEWSBASE .com Week 01 04•January•2023